India's Gross NPA percentage is 8.2% while in America it stood at 1.6% while in other developed nations it is only from 0.4% to 0.8%

India's Gross NPA percentage is 8.2% while in America it stood at 1.6% while in other developed nations it is only from 0.4% to 0.8% . What does it mean , it means that Indian public is not honest - no it does not mean so . Loan given to common citizen means retail lending has only NPA percentage from 1 to 1.5% and that is due to that somebody is suspended or terminated or deceased , so the real culprit is corporate sector mainly fraud corporates who increase their turnover by diversion of funds and take more loans , mortgage unsaleable assets or create hurdle in the path of public sector banks in selling their assets through courts. They have money to settle outside the country, hire most costly lawyers , bribe or intimidating bureaucracy and partying with in top hotels with top models but don't have money to repay the EMI and even interest . 80 % of present NPA is corporate NPA which was given in government pressure . Government don't want to give people some money from their budget instead they plan to create schemes like MUDRA and PMsevanidhi. Bankers devotes extra time , labour , undue pressure of local government , create huge NPAs and finally compensates from it's profit and then called non- performer and kaamchor and government gathers votes and applaud itself in public rallies and finally what a banker gets - privatisation.